Des Moines Homes under $500,000

Des Moines Homes under $500,000

Welcome to Des Moines, Iowa—an inviting city that beautifully blends urban sophistication with Midwestern charm. As the state capital and the largest city in Iowa, Des Moines is known for its vibrant culture, thriving economy, and friendly neighborhoods. Nestled in Polk County, this dynamic city offers a plethora of activities, from art festivals and farmers' markets to scenic parks and outdoor adventures. With a growing population and a strong job market, Des Moines is an ideal place for families, young professionals, and retirees alike.

If you're searching for a home in Des Moines, you'll be delighted to discover a diverse array of properties available for under $500,000. This price range opens the door to a variety of charming neighborhoods, each with its unique character and amenities. Whether you prefer a cozy bungalow in a historic district, a modern townhouse in a bustling area, or a spacious family home in a suburban setting, Des Moines has something to suit every taste and lifestyle.

The real estate market in Des Moines is both competitive and accessible, making it an excellent time to invest in your dream home. With excellent schools, a low cost of living, and a strong sense of community, Des Moines continues to attract homebuyers looking for quality living without the hefty price tag. Explore the possibilities and find your perfect home in this delightful city where comfort meets convenience. Discover the charm of Des Moines today—your future home awaits!

Newest Des Moines Homes under $500,000

4521 Aurora Avenue, Des Moines
$390,000
4 Beds ⋅ 3 Baths ⋅ 750494 MLS
Johnston School District with the bus stop right outside on the corner and a POOL! Discover your own personal retreat in this beautifully updated 4BD/3BA home, surrounded by mature trees, lush landscaping and an updated 8ft depth Gunite concrete pool with diving board. Step inside to find warm hardwood floors, solid core doors, an updated kitchen with Jenn Air SS appliances(including a massive refrigerator and downdraft cooktop), SS sink, backsplash, along with cabinets and countertops that are in pristine condition. Notice the Teak hardwood floors even as you walk up the stairs and into the upper level hallway and 4 bedrooms. The spacious primary bedroom overlooks the backyard/pool and has an ensuite and oversized walk-in closet. The dry basement provides plenty of finished space ready for movie nights, workouts, or hobbies, and an abundance of storage to keep everything organized. In the backyard, escape to your private oasis featuring the pool, large deck, gazebo, fountain and plenty of shade on those hot summer days! Need more storage space for tools or toys? You got it with two(2) exterior sheds. Major updates include a Grand Sequoia class 4 roof(2019), new pool pump(2023), new pool filter(2026), concrete leveling around pool(2026), new tile at the water line(2026), updated exterior electrical(2026).

4521 Aurora Avenue, Des Moines
2436 E 50th Court, Des Moines
$472,500
4 Beds ⋅ 3 Baths ⋅ 750489 MLS
Welcome to the Palazzo CD by Destiny Homes, located Destiny Homes presents the Brentwood in Des Moines? Ruby Rose Ridge. This beautiful two-story home offers 4 bedrooms, 2.5 bathrooms, and approximately 2,200 square feet. The main level features durable LVP flooring throughout the spacious great room, plus a versatile front office, den, or playroom with a cozy electric fireplace. The kitchen is equipped with quartz countertops, a large center island, electric range with hood vent, pantry, and ample cabinet space. The adjacent dining area opens to a covered deck overlooking the backyard, perfect for relaxing or entertaining. Upstairs, you'll find a spacious primary suite featuring a tile shower, brushed nickel plumbing fixtures, dual vanities, and a large walk-in closet. Three additional bedrooms, a full bathroom, and a convenient laundry room with utility sink complete the second level. All information obtained from seller an dpublic record.

2436 E 50th Court, Des Moines
2916 Capitol Avenue, Des Moines
$155,000
4 Beds ⋅ 1 Baths ⋅ 750483 MLS
Great opportunity for a first-time homebuyer or investor! This well-maintained, move-in-ready home features a spacious eat-in kitchen, convenient first-floor laundry, an enclosed porch, and alley access. Investors have two potential income opportunities with monthly rental income plus State Fair parking revenue. Located just moments from the Iowa State Fair entrance and within walking distance of schools, this property offers a unique opportunity in a convenient Des Moines location.

2916 Capitol Avenue, Des Moines
2004 E 33rd Street, Des Moines
$212,000
3 Beds ⋅ 1 Baths ⋅ 750481 MLS
Welcome home to this newly remodeled 3-bedroom, 1-bath gem featuring a bright open floor plan and stylish updates throughout. Enjoy brand-new flooring, fresh paint, a completely updated bathroom, and a new furnace for peace of mind. The kitchen offers stainless steel appliances and ample cupboard space, perfect for everyday living and entertaining. The large unfinished basement provides great storage or future expansion potential. Outside, you?ll find a fully fenced backyard with a concrete patio — ideal for relaxing or hosting summer get-togethers - plus a detached one-car garage. Move-in ready and waiting for you! Listing agent has ownership interest in home.

2004 E 33rd Street, Des Moines
2331 E 11th Street, Des Moines
$164,999
2 Beds ⋅ 1 Baths ⋅ 750298 MLS
UPDATED BUNGALOW NEAR GRAND VIEW UNIVERSITY & UNION PARK! This charming 2-bedroom, 1-bath home is packed with recent updates and is ready for its next owner! Offering over 760 sq ft of living space, you’ll love the completely updated kitchen featuring newer appliances, refreshed finishes, and a bright, functional layout. The updated bathroom adds to the move-in-ready feel, while the basement has undergone extensive improvements, creating a great bonus space for a second hangout area, hobby space, home gym, or additional storage. Step outside to a backyard that’s ready for you to make it your own! The shared driveway provides access to the rear of the property, with enough space for a future 2-car detached garage. Location is another huge plus—just a short walk from Grand View University and Union Park, with convenient access to downtown Des Moines, shopping, dining, entertainment, and major commuter routes. Whether you’re looking for your first home, downsizing, or adding to your investment portfolio, this updated bungalow offers a fantastic combination of location, updates, and potential. Schedule your showing today and come see everything this home has to offer! 13 Mo HWA Platinum Home Warranty included!

2331 E 11th Street, Des Moines
1056 46th Street, Des Moines
$395,000
4 Beds ⋅ 3 Baths ⋅ 750475 MLS
Welcome to 1056 46th Street in Waveland Park! With over 2,000 square feet of finished living space, this home offers 4 bedrooms, 3 bath areas and a 2-car garage. The main level features beautifully refinished original oak hardwoods, a spacious kitchen with island and custom cherry breakfast nook, two bedrooms and a full bath. Upstairs you'll find another bedroom, half bath and dedicated mini-split for heating and cooling. The finished lower level adds even more living space with a family room, fourth bedroom, ¾ bath and bonus room. Updates include a new roof and chimney flashing, gas fireplace insert, fresh interior paint, new carpet, updated lighting and fans, bathroom updates, window treatments and newer water heater. Outside, the partially fenced backyard and covered patio provide a great space to enjoy, with plenty of room inside and out in the heart of Waveland Park.

1056 46th Street, Des Moines
3121 Cornell Street, Des Moines
$162,000
2 Beds ⋅ 1 Baths ⋅ 750473 MLS
Brand new sewer line! This well-maintained 2-bedroom bungalow in the desirable Highland Park neighborhood offers plenty of charm and functionality, featuring two bedrooms and a full bathroom on the main level, plus additional office space. A welcoming front porch and cozy fireplace add character to the home, while the spacious corner lot, fenced yard, and attractive curb appeal provide great outdoor appeal. Recent updates include newer flooring and interior paint. The detached 2-car garage offers ample space for parking and extra storage. Conveniently located near bus lines, interstate access, schools, and other amenities, this home is a great opportunity in a sought-after neighborhood.

3121 Cornell Street, Des Moines
3513 E 43rd Street, Des Moines
$275,000
3 Beds ⋅ 3 Baths ⋅ 750446 MLS
Welcome home! This inviting two-story home offers 3 bedrooms, 2.5 baths, and plenty of space to enjoy everyday living. All three bedrooms are conveniently located on the second floor, providing a comfortable separation between living and sleeping spaces. Large windows fill the home with natural light, creating a bright and welcoming atmosphere. The main level features a cozy gas fireplace, while the deck provides a great spot to relax or entertain outdoors with the added privacy of fencing. The partially finished basement offers flexible space for a recreation room, home office, hobby area, or additional storage. A convenient 2-car attached garage adds everyday functionality. Numerous recent updates provide peace of mind, including a new furnace in 2025, a new sump pump, a new insulated garage door, and a new rear sliding door. The deck was redone in 2025, and the roof was replaced within the last five years. With a comfortable layout, abundant natural light, and thoughtful updates throughout, this home is ready to welcome its next owners!

3513 E 43rd Street, Des Moines
4225 SE 23rd Street, Des Moines
$309,000
3 Beds ⋅ 4 Baths ⋅ 750468 MLS
Spacious, versatility, and well cared for home and all within walking distance of Easter Lake! This 5-level split offers 3 bedrooms, 3.5 bathrooms, and multiple living areas with room to spread out. The main level features a welcoming living room and kitchen, while upstairs you'll find three generously sized bedrooms, two bathrooms, and ample closet space. The family room features LVP flooring and a wood-burning fireplace, along with laundry and a convenient 1/2 bathroom. The lowest level includes a full bathroom, a flexible room ideal for a home office, workout space, or nonconforming 4th bedroom, plus two expansive storage rooms. Outside, enjoy a landscaped, fenced yard, a storage shed, and a two-tier deck with sliding-door access to both tiers; perfect for relaxing or entertaining with family and friends. Make this home yours and settled in by the new year!

4225 SE 23rd Street, Des Moines
3925 3rd Street, Des Moines
$150,000
3 Beds ⋅ 1 Baths ⋅ 750463 MLS
Welcome home to this charming 3-bedroom home tucked into a quiet neighborhood with a strong sense of community! An inviting front porch welcomes you inside to an eat-in kitchen featuring a breakfast bar, plenty of counter space, and appliances that stay with the home. New carpet adds a fresh touch throughout. The partially finished lower level offers additional living space with a potential family room, faux fireplace, and bathroom with shower. An oversized two-car attached garage provides plenty of room for vehicles, storage, hobbies, or a workshop. Conveniently located with quick access to downtown Des Moines, the interstate, Ankeny, and metro bus routes, plus shopping, dining, and everyday amenities nearby in Oak Park and Highland Park.

3925 3rd Street, Des Moines
no property photo
$454,900
3 Beds ⋅ 3 Baths ⋅ 750348 MLS
Introducing the Camden Plan at Gray’s Station! This 3-bedroom townhome features an open-concept main level with seamless flow between the kitchen, dining, and living spaces. Upstairs, you’ll find a spacious primary suite with a walk-in closet and private bath, two additional bedrooms, and second-floor laundry. The third level features a wet bar leading to your private rooftop patio, perfect for entertaining or unwinding. Enjoy a tax abatement plus community amenities including a clubhouse, pool, and fitness center, all just minutes from Gray’s Lake and downtown Des Moines. Our exceptional quality homes come with a passive radon system that includes testing, and if above the EPA 4.0 pCi/L, builder installs a fan and retests at no cost. Our homes come standard with an RO drinking water system. Hubbell Homes’ Preferred Lenders offer $1,750 in closing costs. Not valid with any other offer and subject to change without notice.

471 SW 12th Street, Des Moines
no property photo
$476,500
3 Beds ⋅ 3 Baths ⋅ 750349 MLS
Introducing the Camden Plan at Gray’s Station! This 3-bedroom END UNIT townhome features an open-concept main level with seamless flow between the kitchen, dining, and living spaces. Upstairs, you’ll find a spacious primary suite with a walk-in closet and private bath, two additional bedrooms, and second-floor laundry. The third level features a wet bar leading to your private rooftop patio, perfect for entertaining or unwinding. Enjoy a tax abatement plus community amenities including a clubhouse, pool, and fitness center, all just minutes from Gray’s Lake and downtown Des Moines. Our exceptional quality homes come with a passive radon system that includes testing, and if above the EPA 4.0 pCi/L, builder installs a fan and retests at no cost. Our homes come standard with an RO drinking water system. Hubbell Homes’ Preferred Lenders offer $1,750 in closing costs. Not valid with any other offer and subject to change without notice.

473 SW 12th Street, Des Moines
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